Transcript NAME TITLE - European Funding Network

EUROPEAN STRUCTURAL AND
INVESTMENT FUNDS 2014-20
Ely, 28 February 2014
The GCGP area
The LEP Team …
… and you!
Our EU Funding Priorities
LEP Prize Challenge
• £1m fund for Voluntary
and Social Enterprise
led projects
• Getting people job
ready (1,000) and into
work (250)
• Eight winners in the 1st
round
Headlines
• Approximately £72m EU allocation for 20142020 (ERDF, ESF, EAFRD)
• Supports Strategic Economic Plan priorities
• Investment priorities based on LEP priorities
and stakeholder consultation
• Project activity to be locally compliant
• Multi-partner approach
• Awaiting Government feedback
LEP role in European Funding
• LEPs responsible for prioritising spend locally
• 20% of European Social Fund to tackle social
inclusion and combat poverty
• GCGP to facilitate proposals for local projects
• Public and private sector match funding required
• Social inclusion match funding through Big
Lottery opt-in model and Civil Society
Funding overview
Fund
EU allocation
€
Total with match
£
€
£
ERDF
37,750,000
32,000,000
75,500,000
64,000,000
ESF
37,750,000
32,000,000
75,500,000
64,000,000
9,240,000
7,390,000
18,480,000
14,780,000
84,740,000
71,390,000
169,480,000
142,780,000
EAFRD
Total
ERDF – Innovation, ICT, SME Competitiveness, Low Carbon Economy
ESF – Skills, Employability, Social Inclusion
EAFRD – for complementary provision in rural areas
Social Inclusion Funding
• £3.46m ESF through BIG - £6.92m total with
match
• £1.5m ESF through Civil Society - £3m with match
• Targeted at those furthest from the labour
market, education or training
• Locally prioritised and designed
• Expectation of significant VCSE engagement
• Bidding and delivery mechanism to be agreed
• Plus £1.5m (£3m) through CLLD
Outputs and Results
•
•
•
•
•
≈ 5,500 businesses supported
≈ 200 start-up businesses supported
≈ 8,000 new jobs created
≈ 10,000 participants in skills and training
≈ 5,000 young people supported
Michael Barnes
Programme Manager
[email protected]
01223 967009
@YourLEP
EU Investment Strategy available at
www.gcgp.co.uk